EUR/USD: German business morale surprisingly weakened in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.0747. Yesterday, data indicated that German business sentiment deteriorated in January, amid mounting fears about the US President, Donald Trump’s protectionist … Continue reading

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AUD/USD: Australia’s inflation rose at a slower pace in the fourth quarter

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.2% against the USD and closed at 0.7582. LME Copper prices rose 1.8% or $104.0/MT to $5879.0/MT. Aluminium prices traded flat and closed at $1870.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.3157. In the Asian session, at GMT0400, the pair is trading at 1.3130, with the USD trading 0.21% lower against the … Continue reading

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CHF and closed at 1.0011. In the Asian session, at GMT0400, the pair is trading at 1.0009, with the USD trading marginally lower against the … Continue reading

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USD/JPY: Japan’s adjusted merchandise trade surplus narrowed in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.17% against the JPY and closed at 113.86. In the Asian session, at GMT0400, the pair is trading at 113.52, with the USD trading 0.3% lower against the … Continue reading

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GBP/USD: UK Supreme Court ruled Parliament must approve Brexit process

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.2528. Yesterday, the UK’s Supreme Court ruled that the British government cannot initiate the “Brexit” process of leaving the European Union … Continue reading

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EUR/USD: Euro-zone’s services sector growth slowed, manufacturing surged in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.4% against the USD and closed at 1.0729, after data indicated that activity in the Euro-zone’s services sector unexpectedly slowed to a three-month low level of 53.6 in … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.34% against the USD and closed at 0.7597. LME Copper prices rose 1.2% or $69.0/MT to $5775.0/MT. Aluminium prices rose 1.7% or $31.0/MT to $1870.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading marginally lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD and closed at 1.3220. In the Asian session, at GMT0400, the pair is trading at 1.3223, with the USD trading a tad higher against … Continue reading

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USD/CHF: Swiss Franc trading higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.996. On the economic front, Switzerland’s total sight deposits inched up to a level of CHF532.3 billion in the week ended … Continue reading

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USD/JPY: Japanese manufacturing activity expanded at its fastest pace in almost three years in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.93% against the JPY and closed at 112.54. In the Asian session, at GMT0400, the pair is trading at 112.68, with the USD trading 0.12% higher against the … Continue reading

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